Shearman & Sterling LLP
On June 5, 2019, the U.S. Securities and Exchange Commission (the "SEC") adopted Regulation Best Interest ("Regulation BI") to improve investor protection by establishing a standard of conduct for broker-dealers making recommendations to retail customers.
Pillsbury Winthrop Shaw Pittman LLP
Although the SEC did not bring as many headline enforcement actions against private funds as in years past, it continues to devote substantial resources and attention to investment advisers.
The updated FAQs clarify that professional legal representatives are not "retail customers/investors" for purposes of Regulation Best Interest and Form CRS, and they allow for non-English relationship summaries ...
Cadwalader, Wickersham & Taft LLP
A broker-dealer settled FINRA charges for failing to test its supervisory controls, policies and procedures, and for failing to document the test results in required certifications and reports.
Day Pitney LLP
On February 7, the SEC provided a legal bulletin setting forth the views of the Office of Municipal Securities regarding the application of the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 ...
Arnold & Porter
On January 30, 2020, the SEC issued Guidance on the use of key performance indicators and metrics in MD&A.
On September 19, 2019, the SEC adopted new rules and amendments establishing recordkeeping and reporting requirements for security-based swap dealers, major security-based swap participants and broker-dealers.
he release was approved by a 3-2 vote, with Commissioners Jackson and Lee dissenting.
Ropes & Gray LLP
January appears to have been MD&A month at the SEC. On January 30, the SEC proposed amendments to modernize, simplify, and enhance its Management's Discussion and Analysis...
Hogan Lovells developed a checklist of key changes and considerations that public companies should be aware of when preparing their Forms 10-K and proxy statements for the upcoming filing season
On January 30, 2020, the US Securities and Exchange Commission continued its recent efforts to modernize and simplify its disclosure requirements by proposing to revise Item 303 of Regulation S-K (Management's Discussion and ...
On January 7, the Securities and Exchange Commission's Office of Compliance Inspections and Examinations (OCIE) announced its 2020 Examination Priorities
In our recent research study ‘Private Equity: Where Challenges Meet Opportunities', regulation and transparency were singled out by a large number of respondents as key factors having an impact...
Kramer Levin Naftalis & Frankel LLP
The Securities and Exchange Commission's (SEC) Office of Compliance Inspections and Examinations (OCIE) published its 2020 Examination Priorities, an annual publication that enhances transparency...
Gibson, Dunn & Crutcher
Join our distinguished panelists as they discuss significant
2019 developments in areas including antitrust, corporate
On January 9, 2020, FINRA released its annual risk monitoring and examination priorities letter. The 2020 Letter describes the areas of focus for FINRA's risk monitoring, surveillance and examination programs in 2020.
On January 7, 2020, the Office of Compliance Inspections and Examinations ("OCIE") of the U.S. Securities and Exchange Commission ("SEC") announced its examination priorities for fiscal year 2020.
The proposal will be open for comment for 60 days.
Onno Bouwmeister, Global Sector Lead - Private Equity at Vistra, discusses our latest private equity white paper and highlights some of its findings.
Sheppard Mullin Richter & Hampton
In Episode 25, we were brought up to speed on privacy laws by Liisa Thomas.